CNH Industrial (Formerly CNH Global)

Public | BIT | NYSE |

Revenue

$1B-

Region

West Bank

West Bank |

Headquarters

UK |

Settlements

Barkan | Efrata | Leshem

Barkan | Efrata | Leshem |

Industrial Zone

Barkan

Barkan |

Global Presence

Global | Thailand

Global | Thailand |

A publicly traded multinational manufacturer of agricultural and construction equipment, trucks, commercial vehicles and buses.

Engineering machinery manufactured by the company was used for the construction of settlements and related infrastructure, settlement industrial zones and the Separation Wall. The company’s tools were also documented during house demolitions in the area of the South Hebron Hills in the occupied West Bank.

CNH EX355 excavators were used during the construction of the Israeli outpost Leshem. The same model was documented during the construction of the Separation Wall on the lands of the Palestinian villages of Bidu, Bil’in and Ni’lin and uprooting an apricot and date orchard belonging to the Palestinian village of Artas, in order to expand the infrastructure of the Efrat settlement.

Case wheel loaders were documented building an expansion of the Barkan Industrial Zone and the new Tel Aviv-Jerusalem high speed railway, which crosses the Green Line twice into the occupied Palestinian Territory. Case wheel loaders were also used during house demolitions in the Palestinian villages of Khirbet M’fakara, Susya and Bir al-‘Id in the South Hebron Hills.

In February 2017, Case heavy machinery was documented at the construction site of the Nabi Elias Bypass Road, a settler road being built near the Palestinian village of Nabi Elias in the occupied West Bank. The bypass road involves the expropriation of 25 acres of Palestinian land – including a total 700 olive trees – belonging to the Palestinian villages of Izbat Tabib, Azzun, and Nabi Elias.

Company Response

CNH who profits reserach team letter 6.12.19

Ownership

EXOR NV, a European investment holding company, holds 27.1% of the company’s common shares and 42.1% of combined voting power. Harris associates holds 13.7% of shares and 10.6% of voting power.

CEO: Hubertus Muhlhauser

The company is publicly traded on the New York Stock Exchange and the Milan Stock Exchange under the ticker symbol CNHI.

Subsidiaries

The company has 167 subsidiaries worldwide.

Principal wholly owned subsidiaries: Banco CNH Industrial Capital S.A. (Brazil), Case Credit Holdings Limited (US), Case New Holland Industrial Inc. (US), CNH Industrial America LLC (US), CNH Industrial U.S. Holdings Inc. (US), CNH Industrial Brasil Ltda. (Brazil), CNH Industrial Capital Limited (UK), CNH Industrial Capital LLC (US), CNH Industrial Capital America LLC (US), CNH Capital Receivables LLC (US), CNH Industrial Capital Canada Ltd. (Canada), CNH Industrial Capital Solutions S.p.A. (Italy), CNH Industrial Finance Europe S.A. (Luxembourg), CNH Industrial Finance S.p.A. (Italy), CNHI International S.A. (Switzerland), FPT Industrial S.p.A. (Italy), Iveco S.p.A. (Italy), Iveco Espana S.L. (Spain)

Partners

Carasso Motors is the exclusive Israeli representative of CASE, a CNH brand.

On 12 February 2015, Israel’s Prime Minister’s Office (PMO) through the Israel Fuel Choices Initiative (IFCI) signed a non-binding Memorandum of Understanding (MoU) with Fiat Chrysler Automobiles (FCA), Iveco (a Brand of CNH Industrial) and Magneti Marelli (FCA Group) for cooperation in the development of natural gas-based technologies.

Other strategic partners of the company include Daimler AG (Germany), BNP Paribas Lease Group (France), Caterpillar (US) and Larimar (South Africa).